Credit availability steady in January as negative equity climbs and terms stretch
Thursday, Feb. 12, 2026, 10:55 AM
Despite ‘mixed year’ for subprime, S&P Global Ratings watches auto ABS volume generate another record in 2025
Monday, Feb. 16, 2026, 10:59 AM
Debt Awareness Week meant to be ‘wake-up call’
Tuesday, Feb. 17, 2026, 10:21 AM
Cox Automotive on guiding the modern car buyer
One of the keynote presentations from Used Car Week 2025 featured Micah Tindor and Elizabeth Stegall of Cox Automotive for a session titled, “Guiding the Modern Buyer with Trust, Tech & Smarter Trade-Ins.” Valuable study findings and dealership recommendations now ... Listen Here
Tuesday, Feb. 17, 2026, 05:17 PM
Kevin Roberts of CarGurus on 2026 Used-Car Market
Kevin Roberts, who is director of economic and market intelligence at CarGurus, is back on the show to talk about the hot start to 2026 for the retail used-car market. Roberts and Cherokee Media Group senior editor Joe Overby discuss ... Listen Here
Monday, Feb. 16, 2026, 07:18 PM
Cox Automotive on the vanishing divide between wholesale & retail
Used Car Week 2025 extended the ongoing conversation about how the wholesale and retail portions of the used-car market aren’t quite as distinct as they used to be. Cherokee Media Group’s Bill Zadeits hosted a fireside chat about the subject ... Listen Here
Friday, Feb. 13, 2026, 09:43 AM
Fed: September Average New-Car Loan Interest Rate Approaches Year High
Thursday, Nov. 11, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — September's average interest rate on new-car loans at auto finance companies climbed to the second-highest point of the year, according the latest report from the Federal Reserve. Officials calculated the September average was 4.35 percent. Not since February ... [Read More]
GM Financial’s 3Q Net Income, Originations Rise
Thursday, Nov. 11, 2010, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — Along with announcing the pricing of an offering of automobile receivables-backed securities, General Motors Financial reported growth in both third quarter net income and originations. Earlier this week, executives from the company formerly known as AmeriCredit revealed that ... [Read More]
Exeter Secures Warehouse Line of Credit, Discusses Financial Strides
Thursday, Nov. 11, 2010, 12:00 AM
Nick Zulovich
IRVING, Texas — In addition to announcing a $150 million warehouse line of credit this week, Exeter Finance Corp. detailed the gains the company has recently made in its business operations. Discussing its new financing in more detail, Exeter entered into ... [Read More]
Fitch: 2009 U.S. Prime Auto ABS on Track for Lower Losses
Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Fitch Ratings predicted this week that 2009 U.S. prime auto ABS loans should post lower-than-expected losses. As a result, the firm believes lenders are positioning themselves for continued positive rating performance as the broader economy slowly improves. Through ... [Read More]
Innovative Funding Services Taps New Director of Operations
Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
AUSTIN, Texas — Innovative Funding Services responded to broadening expansion Tuesday by promoting one its executives to director of operations. Taking on the role at the financing company for lessors and fleet-management businesses is Robert Rohner. When IFS moved to its ... [Read More]
Ally Unveils Exchange Offer
Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
DETROIT — On Monday, Ally Financial rolled out an exchange offer for its outstanding 8-percent Senior Guaranteed Notes due 2020. Back in March, the company had initially issued a principal amount of these old notes totaling $1.9 billion in two ... [Read More]
DealerTrack Shows Strong 3Q Gains
Tuesday, Nov. 9, 2010, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — With revenue gains on both the transaction and subscription sides of the company's operations, DealerTrack saw its total revenue improve more than 7 percent during the third quarter. Moreover, it enjoyed GAAP net income of $1.2 ... [Read More]
Credit Acceptance’s 3Q Income Strengthened by Stable Returns
Thursday, Nov. 4, 2010, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — A continued stretch of stable returns propelled Credit Acceptance Corp. to more positive gains in consolidated and adjusted net income during the third quarter. The company revealed earlier this week that its consolidated net income totaled $42.0 million ... [Read More]
ABI: October Filings Edge Higher From Previous Month
Thursday, Nov. 4, 2010, 12:00 AM
Nick Zulovich
ALEXANRIA, Va. — American Bankruptcy Institute officials determined this week that October filings represented a slight rise from the previous month, but a decline from the year-ago period. Relying on data from the National Bankruptcy Research Center, the institute reported U.S. ... [Read More]
Ally Points to Used-Vehicle Market as Growth Opportunity
Thursday, Nov. 4, 2010, 12:00 AM
Nick Zulovich
NEW YORK — Revealing preliminary third-quarter results, Ally Financial said that for its auto finance business one of the areas it sees as a strong growth opportunity is the used-vehicle market. And the company has already been ramping up originations for ... [Read More]
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